Bank of America has drastically increased its price targets for key tech stocks, underscoring bullish sentiment in the AI sector. The firm nearly doubled its target for Micron Technology Inc. to $950, amidst expectations that the addressable market for AI data center systems will grow to $1.7 trillion by 2030. Price targets for Advanced Micro Devices and Nvidia have also been raised, reflecting confidence in the continuing expansion of AI-related markets.
“BANK OF AMERICA CORP /DE/ · removed shares · Q4 2025 · 2,025,520 shares”
“Airbnb · received a Hold from · Bank of America Securities”
“Alliant Energy · is rated · neutral · by BofA Securities”
“Ametek Inc. · was downgraded to neutral · BofA Securities · from buy”
“APA Corp. · price target raised to · $30 · from $27 at BofA”
“BofA Securities · confirmed · there were 7 beats and 4 · in its residential REIT weekly recap”
“AvalonBay · price target raised to · $213 · from $209 at BofA”
“BofA Securities · raised its price forecast on Marvell to · $200 · from $125”
“BofA Securities · maintained a · Buy rating”
“BofA Securities · expected total addressable market to grow from · about $6 billion · to $14 billion”
“BofA Securities · estimated Marvell could maintain · 60% to 70% market share · next-generation 800G and 1.6T networking products”
“Bank of America · raised price target on · Micron Technology Inc. · from $500 to $950”
